The I-T division has seen a considerable rise in variety of transactions. Photograph: incometax.gov.in
The July 31 deadline for submitting Earnings Tax (I-T) returns is unlikely to be prolonged. The Central Board of Direct Taxes (CBDT) has intervened to repair latest glitches and downtimes reported on the I-T portal by ramping up its back-end capability to deal with a better workload skilled this yr.
Acknowledging taxpayers’ considerations about delayed technology of TDS (Tax Deduction at Supply) and Kind 16 certificates, and the “slowness” of the I-T portal, CBDT chairperson Ravi Agarwal informed The Hindu these points have now been resolved, and as many as 28 lakh tax returns have been filed on Wednesday with no downtime reported.
“Even per-hour filings at the moment are at an all-time excessive. So due to this fact, I believe we will say with confidence that over the subsequent six days, we should always have the ability to care for it. A lot of the issues have been addressed and sorted out, and yesterday, there was no obvious reporting of any of those issues like downtime, and even at this time, there isn’t any situation to this point,” he mentioned late Thursday afternoon.
The I-T division has seen a considerable rise in variety of transactions reported this yr, Mr. Agarwal mentioned, and among the authorities officers in control of issuing such deduction certificates have been additionally occupied with election obligation, delaying some issuances.
“Then there was a report of slowness on the web site and folks have been discovering it tough. So now, some corrective measures have been taken by way of ramping up the {hardware}, and in addition placing these options in place,” the CBDT chief assured.
“There was a 15% development in TDS transactions and about 30% development in third-party transactions, and that has to get populated within the pre-filled I-T varieties and the corresponding TDS certificates additionally should be issued. Now, what occurred was that due to elections, the deductors from the federal government aspect have been engaged within the election obligation… so all that acquired delayed, after which swiftly, we acquired that submitting in bulk so far as TDS statements are involved.”
“To course of these statements and convert them into TDS certificates, was taking time, and concerned quite a lot of information. However we now have been capable of resolve that, and we’re updated on the difficulty of TDS certificates not being downloaded or not being made accessible,” Mr. Agarwal mentioned.
